Wahed FTSE USA Shariah ETF
$75.90+0.10 (+0.13%)
- 0.50%
- $996M
- +31.0%
- 0.36%
- 0.1M sh
- $75.90
- low $57.22high $76.87
The ETF.net HLAL Grade
C
Score 48 out of 100
- 36 of 48
Score 48 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F17 out of 100Rank 39 of 48Mission
Whether the fund did what it promised, tested against its stated mandate.A93 out of 100Rank 22 of 43Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C49 out of 100Rank 26 of 48Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C53 out of 100Rank 21 of 48Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F22 out of 100Rank 48 of 48Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B59 out of 100Rank 23 of 48
Our read on HLAL
CThe original US-listed halal equity ETF: roughly 220 large and mid-cap American stocks that clear FTSE's Shariah business and balance-sheet screens, with a per-share purification figure published every quarter.
The Fund seeks to track, before fees and expenses, the total return of the FTSE USA Shariah Index.
Why people hold it
- No alcohol, gambling or conventional banking, and debt plus cash-and-interest items must each stay under 33.333% of total assets. Yasaar Limited runs the screens.lseg.comfunds.wahedinvest.com
- The fund posts a per-share purification amount each quarter, generally before the dividend, so holders can donate the non-compliant sliver instead of estimating it.funds.wahedinvest.com
- Launched in 2019 as the first US-listed Shariah-compliant equity ETF, and it still carries the size and volume that keep a screened niche fund practical to trade.nasdaq.com
- Plain index replication of the FTSE USA Shariah Index, and it hugs that benchmark about as closely as anything in its peer group.
Worth knowing
- 0.50% a year sits well above plain-vanilla large-cap peers (ILCB charges 0.03%). The screening and purification machinery is what the extra buys.
- Interest-based screens rule out banks and insurers, leaving roughly 220 names tilted toward technology and healthcare, so it can behave differently from the broad market.lseg.comnasdaq.com
- Distributions come quarterly, and acting on the published purification amount is the shareholder's job, not the fund's.funds.wahedinvest.com
HLAL Holdings
- Stocks
- 200
- 59%
- NVDA
Sectors
- Technology57.7%
- Communication13.1%
- Health Care8.3%
- Energy6.5%
- Industrials4.2%
- Consumer Discretionary4.2%
- Consumer Staples2.5%
- Materials2.2%
- Real Estate1.1%
- Utilities0.2%
Geography
- United States98.15%
- Ireland1.01%
- United Kingdom0.58%
- Netherlands0.15%
- Switzerland0.11%
HLAL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
HLAL$13,104
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | HLAL |
|---|---|
| Year to date | +22.5% |
| 1 month | +3.9% |
| 3 months | +5.3% |
| 1 year | +31.0% |
| 3 years | +22.1% |
| 5 years | +15.7% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | HLAL |
|---|---|---|
| 2026 YTD | +22.5% | |
| 2025 | +18.3% | |
| 2024 | +16.7% | |
| 2023 | +30.1% | |
| 2022 | −17.6% | |
| 2021 | +28.6% | |
| 2020 | +24.6% |
HLAL in the news
HLAL Dividends
- 0.36%
- $0.27
- $0.10 per share
- Quarterly
Distribution history
HLAL Risk
- 14.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.18
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −23.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HLAL Cost
0.50%
HLAL0.50%
- The middle half of US ESG & Values Index funds
- Median 0.23%
40 of the 48 US ESG & Values Index funds charge less.
Other funds in US ESG & Values Index
- CETHOAmplify Etho Climate Leadership U.S. ETFExpense ratio 0.45%1 year return +31.0%
- CNUDVNuveen ESG DividendExpense ratio 0.26%1 year return +17.9%
- CTPLCTimothy Plan US Large/Mid Cap Core ETFExpense ratio 0.52%1 year return +11.9%
- CNACPImpact Shares NAACP Minority Empowerment ETFExpense ratio 0.49%1 year return +32.9%
- CBIBLInspire 100 ETFExpense ratio 0.41%1 year return +27.9%